The Latest
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‘Historic’ labor market shrinkage highlights need for AI: Brusuelas
A pullback from employment by workers age 65 and older may partly allay concerns that demand for artificial intelligence will fall short of a coming surge in supply.
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Incoming ZipRecruiter CFO tackles strategy, capital allocation in ‘listening tour’
Carmen Chan has already “gone deep” with key product, revenue and finance teams at the job marketplace as she prepares to serve as ZipRecruiter’s CFO.
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Former acting IRS head warns of tax compliance ‘race to the bottom’
The tax agency has faced steep budget cuts since Douglas O’Donnell stepped down from serving as acting commissioner in early 2025.
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IBM Apptio helps CFOs connect AI spend to business value
“Companies are pouring money into AI, and they don’t always know what they’re getting out of it,” Apptio’s Bill Lobig said.
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Zoetis nabs GE Health CFO for dual finance chief, COO role
Jay Saccaro will step into the newly-created role as the animal drug-maker business seeks to maintain its leadership position amid increased competition.
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Fractional CFOs see demand surge in AI age
The integration of AI has massively impacted the day-to-day work of fractional CFO Jason Hope and boosted the overall demand for part-time finance work.
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SEC launches new enforcement unit aimed at accounting fraud
The move builds on prior efforts to crack down on bad actors in the accounting and auditing profession, SEC Enforcement Chief David Woodcock said.
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Chime’s CFO is stepping down
The fintech’s president, Mark Troughton, will serve as interim finance chief while the company conducts an executive search. Chime also reported a 27% year-over-year increase in second-quarter revenue.
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Flex sues former CFO candidate; alleges stealing of ‘strategic crown jewels’
Block executive Alex Anderson took advantage of his interview process for the Flex CFO seat to “mine” the business for trade secrets, a suit alleges.
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McDonald picks insider finance veteran as new US boss
Since joining the Chicago-based hamburger chain in 2000, Skye Anderson has held multiple roles including CFO of McDonald’s Australia.
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Workers are all in fight-or-flight mode, expert says
Employers can improve mental health in the workplace by tuning into how workers are doing and being intentional, according to a consultant on health and productivity.
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Chicago budget director follows acting CFO out the door
Annette Guzman’s departure comes about a week after the city of Chicago’s acting CFO Steven Mahr exited.
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Fewer companies plan ‘peanut-butter’ pay increases in 2027: Payscale
Giving everyone the same pay raise “can be demotivating to employees as everyone receives the same increase regardless of performance,” the report stated.
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Best Buy picks Nordstrom alum for CFO
Anne Bramman succeeds Matt Bilunas, who left the retailer last month after serving as its finance chief for seven years.
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AI is reshaping first-100-days playbook for CFOs: FTI
“One of your biggest early opportunities is improving how fast the organization turns information into action,” the consulting firm said in a report.
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Resilience ties 85% of cyber insurance losses to human error
“Attackers have used AI to sharpen social engineering across the board, from emails to voice deepfakes,” the cyber risk firm said.
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Deep Dive
How volunteer cyber experts are helping protect rural water systems
A first-in-the-nation program is yielding promising results as it charts a path for supporting the U.S.’s most vulnerable infrastructure.
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Chicago’s acting CFO exits as budget battle looms
Steven Mahr is leaving the acting CFO seat just months after taking it following Jill Jaworski’s departure for Navy Pier.
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Warner Music CFO, COO departs after a year
The CFO shift comes as the music production business reported strong operating income ahead of its third quarter.
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Is the accounting shortage over? It’s complicated
In an informal poll conducted by CFO Dive, 64% of the respondents indicated they were aware of a shortage in their industry while 29% said they were not.
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US lawmaker calls for AI hearings after Anthropic, OpenAI incidents
“We can’t run AI safety on the honor system,” said Rep. Lori Trahan, a Massachusetts Democrat who is pushing legislation to rein in AI developers.
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NBCUniversal names new CFO ahead of spinoff
NFL alum Christopher Halpin will take NBC’s top finance seat as it gears up for a split from its parent company Comcast.
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Adidas alum returns to take CFO seat as shares slump
The sportswear giant also reported Thursday that its Q2 operating profit rose 5% despite higher marketing spend on the World Cup.
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Microsoft holds the line on AI spending plans
Despite surging AI demand, the software giant largely maintained its calendar 2026 capex forecast as an accounting change modestly adjusted the figure downward.
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Finance, treasury leaders keep eye on payment visibility, TCH exec says
For finance and treasury leaders, how to gain deeper visibility into their payment rails and processes is top of mind, TCH’S Rich Dooley said.